UGE International (TSXV:UGE) Construction In Progress : C$17.05 Mil (As of Dec. 2023)

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What is UGE International Construction In Progress?

UGE International's quarterly construction in progress increased from Mar. 2023 (C$7.29 Mil) to Sep. 2023 (C$14.91 Mil) and increased from Sep. 2023 (C$14.91 Mil) to Dec. 2023 (C$17.05 Mil).

UGE International's annual construction in progress increased from Dec. 2021 (C$1.87 Mil) to Dec. 2022 (C$2.56 Mil) and increased from Dec. 2022 (C$2.56 Mil) to Dec. 2023 (C$17.05 Mil).

UGE International Construction In Progress Historical Data

The historical data trend for UGE International's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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UGE International Construction In Progress Chart

UGE International Annual Data

Trend

Feb14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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0.56

0.23

1.87

2.56

17.05

UGE International Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															2.21	2.56	7.29	14.91	17.05

UGE International Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

UGE International (TSXV:UGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » UGE International Ltd (TSXV:UGE) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

UGEIF:USA 0UG1:Germany

Address

56 Temperance Street, 7th Floor, Toronto, ON, CAN

Website

https://www.ugei.com

UGE International Ltd is a turnkey commercial solar company, developing, building, and financing solar projects. UGE has over 600 projects and operates in three core markets: the US, Canada, and the Philippines. The company provides a complete turnkey approach, taking projects from conception all the way through to financing and operation, capturing greater margins and recurring revenue for shareholders, while delivering a superior experience to its clientele. It operates in one operating segment: Renewable energy solutions..

Executives

Nicolas Adrian Blitterswyk	10% Security Holder, Director, Senior Officer
Wendy Liu	Director
Scot William Melland	Director